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Monero to Mongolian Tugrik Converter and calculator

Convert 1Monero (XMR) to Mongolian Tugrik (MNT) equals ₮ 465,625.28 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Monero(XMR) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 XMR at a value of 1 XMR for 465,625.28 MNT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MNT information

About Mongolian Tugrik (MNT)

The Mongolian Tugrik (MNT), introduced in 1925, is more than just the official currency of Mongolia; it represents the country's rich cultural heritage and its journey through economic transitions. It is commonly abbreviated as MNT and represented by the symbol ₮. As Mongolia navigated its path from a Soviet-style economy to a market-oriented system, the Tugrik has played a pivotal role in the nation's socio-economic development.

Historical Background

The introduction of the Tugrik was a significant step in Mongolia's early years as an independent nation, symbolizing its move away from the Chinese and Russian currencies that had previously circulated. The Tugrik's establishment was part of Mongolia's broader efforts to assert its national sovereignty and economic independence.

Design and Symbolism

The design of the Mongolian Tugrik reflects the country's deep historical roots and nomadic culture. Banknotes and coins feature images of historic Mongolian leaders like Genghis Khan and Damdin Sükhbaatar, along with traditional symbols and motifs that celebrate Mongolia's rich history and cultural identity. These designs are not merely for financial transactions; they are imbued with national pride.

Economic Role

The Tugrik plays a crucial role in Mongolia’s economy, characterized by its mining sector, agriculture, and growing service industry. As the primary medium of exchange, it facilitates domestic trade and is vital for everyday economic activities, from urban centers to rural nomadic communities.

Monetary Policy and Inflation

Managed by the Bank of Mongolia, the Tugrik has faced challenges like inflation and currency devaluation, particularly during times of economic uncertainty. The bank's monetary policies aim to stabilize the Tugrik, which is crucial for maintaining economic confidence and fostering investment.

International Trade and the Mongolian Tugrik

The Tugrik’s exchange rate plays a significant role in international trade, particularly for Mongolia's key exports like copper, coal, and cashmere. A stable Tugrik is important for maintaining competitive export prices and fostering a favorable trade balance.

Remittances and the Economy

Remittances from Mongolians working abroad, primarily in South Korea and Japan, are a vital source of foreign income. These remittances, converted into Tugriks, support many families and contribute to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Monero currency pair is the XMR to MNT, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

XMR to MNT conversion rate trend

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In the past 1D, Monero has changed -0.50% to MNT. Based on the trend and price charts, Monero(XMR) has changed -0.50% to MNT while Mongolian Tugrik(MNT) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮465,625.28
0.0001% / 0.0004%vip-iconVIP
Binance
₮409,515
0.1000% / 0.1000%
Yes
Kraken
₮464,473.5
0.1000% / 0.1000%
Yes
OKX
₮548,550
0.080% / 0.100%
Yes
Huobi
₮464,163
0.1000% / 0.1000%
Yes
Gate.io
₮463,473
0.1000% / 0.1000%
Yes
KuCoin
₮464,094
0.1000% / 0.1000%
Yes
Bitfinex
₮463,197
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 14:00:17(UTC+0)

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What factors influence the conversion rate of Monero to Mongolian Tugrik?

Monero to Mongolian Tugrik is rising this week.
Monero's current market price is ₮ 465,625.28 per XMR, with a total market cap of ₮ 8,585,700,614,036.62 MNT based on a circulating supply of 18,439,076 XMR. The trading volume of Monero has changed by +3.93% (₮ 4,048,471,566.65 MNT) in the last 24 hours. Last trading day, XMR's trading volume was ₮ 103,009,301,477.11.
Market cap
$2.49B
24h volume
$31.03M
Circulating supply
18.44M XMR

Conversion tables

The exchange rate of Monero is increasing.
1 XMR is currently valued at ₮ 465,625.28 MNT , which means buying 5 XMR will cost ₮ 2,328,126.41 MNT . Similarly, ₮1 MNT can be traded for 0.{5}2148 XMR, and ₮50 MNT can be converted to 0.0001074 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Mongolian Tugrik has changed by +0.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.50%, reaching a high of 470,202.02 MNT and a low of 462,669.84 MNT . One month ago, the value of 1 XMR was ₮ 406,807.3 MNT , which represents a +14.46% change from its current value. Over the last year, Monero has changed by
-
51,918.61MNT
, resulting in a change of -10.03% in its value.

XMR to MNT

Amount
14:49 today
0.5 XMR
232,812.64
1 XMR
465,625.28
5 XMR
2,328,126.41
10 XMR
4,656,252.83
50 XMR
23,281,264.13
100 XMR
46,562,528.25
500 XMR
232,812,641.25
1000 XMR
465,625,282.5

MNT to XMR

Amount14:49 today
0.5MNT0.{5}1074  XMR
1MNT0.{5}2148  XMR
5MNT0.{4}1074  XMR
10MNT0.{4}2148  XMR
50MNT0.0001074  XMR
100MNT0.0002148  XMR
500MNT0.001074  XMR
1000MNT0.002148  XMR
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Today vs. 24 hours ago

Amount14:49 today24 hours ago24h change
0.5 XMR$67.48$67.82
-0.50%
1 XMR$134.96$135.64
-0.50%
5 XMR$674.82$678.2
-0.50%
10 XMR$1,349.64$1,356.41
-0.50%
50 XMR$6,748.19$6,782.03
-0.50%
100 XMR$13,496.39$13,564.07
-0.50%
500 XMR$67,481.93$67,820.33
-0.50%
1000 XMR$134,963.85$135,640.66
-0.50%

Today vs. 1 month ago

Amount14:49 today1 month ago1M change
0.5 XMR$67.48$58.96
+14.46%
1 XMR$134.96$117.92
+14.46%
5 XMR$674.82$589.58
+14.46%
10 XMR$1,349.64$1,179.15
+14.46%
50 XMR$6,748.19$5,895.76
+14.46%
100 XMR$13,496.39$11,791.52
+14.46%
500 XMR$67,481.93$58,957.58
+14.46%
1000 XMR$134,963.85$117,915.16
+14.46%
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Today vs. 1 year ago

Amount14:49 today1 year ago1Y change
0.5 XMR$67.48$75.01
-10.03%
1 XMR$134.96$150.01
-10.03%
5 XMR$674.82$750.06
-10.03%
10 XMR$1,349.64$1,500.13
-10.03%
50 XMR$6,748.19$7,500.64
-10.03%
100 XMR$13,496.39$15,001.27
-10.03%
500 XMR$67,481.93$75,006.37
-10.03%
1000 XMR$134,963.85$150,012.73
-10.03%

Monero price prediction

What will the price of XMR be in 2025?

Based on XMR's historical price performance prediction model, the price of XMR is projected to reach $157.04 in 2025.

What will the price of XMR be in 2030?

In 2030, the XMR price is expected to rise by +1.00%. By the end of 2030, the XMR price is projected to reach $270.5, with a cumulative ROI of +100.42%.
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